No, generally Cartiga purchases an interest in the potential settlement money of a plaintiff’s case. If the case is lost, you do not owe Cartiga any money.
Some states do treat the funding as a loan:
Cartiga is a licensed Supervised Lender in the State of Missouri.
The maximum interest rate for Cartiga’s loans in the State of Missouri will not exceed 60%. The maximum fees charged by Cartiga in Missouri will be an origination fee of 10% of the principal loan amount not to exceed $100.00, plus (depending on the delivery method chosen), a delivery fee not to exceed $50.00.